Your weekly market update has arrived with a healthy dose of activism. Brought to you by the Martin Eiden Team at Compass.  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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New and Noteworthy

Iran Protests #MahsaAmini

Last weekend, hundreds of thousands of Iranians and believers in basic human rights took to the streets in over 170 major cities around the world to show their support for a regime change in Iran. Triggered by the death of Mahsa Amini who was killed for improperly wearing her hijab, the protests now enter their 3rd week with many more joining forces to send a message of unity and solidarity. We stand with the people of Iran. (Learn More Here) (Show Support/Get Involved)

Q3 Manhattan Market Report

The latest quarterly residential data

 in Manhattan shows resilience as 

the market normalizes after a 

hyperactive 2021. High-interest 

rates and record inflation deter 

those at more attainable price 

points, but buyers are willing to 

pay in all price categories when 

priced right.

 

While the bidding wars and 

soaring prices of 2021 may be over, 

it would be a mistake to sour on 

Manhattan real estate in the long 

run. 

See the full report here.
Wall Street Closes lower As The Fed Pounds Rate Hike Drum

Major indexes closed lower this week as concerns mounted over closely watched monthly nonfarm payrolls numbers. Will the Fed's aggressive interest rate stance lead to a recession? Markets briefly took comfort from data that showed weekly jobless claims rose by the most in 4 mo last week, raising a glimmer of hope the Fed could ease the implementation since March of the fastest and highest rate jumps in decades.

 

(Full Story)

These 3 Stocks Could Be the Biggest Winners From Micron's $100 Billion Investment In New York


The best time to invest is during an economic downturn. When prices are depressed, and the masses are fearful, those with spare cash and an iron gut can take advantage and buy. 

That's an approximation of what Micron Tech-nology (MU) is saying it wants to do. See who the other beneficiaries are here.

Team News

Client Appreciation Event

Join us for a luxurious evening where we will be sampling award winning olive oil from Olio Piro. Accompanied by hors d'oeuvres and wine.


Our venue has been meticulously staged, styled, and designed by our very own Shawn Wilson of Soulful Staging and Design.


Interested in attending? RSVP here. Clients only :)


Updated Venue Below!


200 Mercer Street, 1G 

Tuesday, Oct. 18th

 6pm - 8pm

Our Properties

357 West 29th Street, Unit B1
Chelsea
3 Bed | 2 Bath
227 Ocean Parkway, Unit D1
Kensington
Studio | 1 Bath
610 West End Avenue, Unit 8D
Upper West Side
4 Bed | 3 Bath
401 West 147th Street
Hamilton Heights
7 Bed | 5.5 Bath

We are partnering with Block: a home renovation platform that helps you design, plan, and build all in one place. If you are planning a home reno, use Block to get an on-site estimate of costs before you even start. Plus use offer code APKSTEPTXU to get $500 off your materials purchase. Click here for more info. 

© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC

Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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